3. HST UPDATE
p. p. 0
nce this matter is finally resolved with Canada Revenue Agency, ENSC is directed to make an application to the Board for adjudication on how any return of monies used to fund ITCs is to be allocated." In 2012, ENSC incurred $4.2 million in...
AI summary ENSC incurred ITCs in 2012 and plans to recover them in the 2012 BA. In 2013, ENSC expects similar ITCs but will adjust spending to align with UARB approvals, potentially avoiding recovery in the 2013 BA.